Property profile

150 Granite St Braintree, MA 02184

FOR LEASE
Retail space
Property ID
US38-1121151
20,021 SF 1.8 ac lot Built 1994
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial retail property, located at 150 Granite Street in Braintree, Massachusetts, 02184, offers a prime opportunity for businesses seeking a high-visibility location. The building boasts a total of 28,880 square feet, with a significant portion currently available for lease. This space comprises 8,800 square feet, ideal for a variety of retail uses. The property's multiple tenancy structure ensures a vibrant and diverse environment, attracting a broad customer base. Its strategic location in Braintree, MA provides excellent access to major transportation routes and a thriving local community. The property is classified as commercial retail, offering ample space for a wide range of retail operations. The address is easily accessible and highly visible, ensuring maximum exposure for your business. This is a rare opportunity to secure a substantial retail space in a desirable location. The available space is ready for immediate occupancy, allowing for a quick and efficient start to your business operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The property is situated at 42.2239527 latitude and -71.0303691 longitude.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1994
Construction STEEL FRAME
Total area 20,021 SF
Lot 1.8 ac (78,408 SF)
Zoning code HBD
APN BRAI M:2056 B:0 L:6B
UPID US38-1121151

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

150 Granite St Braintree, MA 02184
Braintree metro Census 419100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.04M

Owner & transaction history

since 2022
Last sale
$13.8M
5 recorded transactions
2022
$13.8M
2009
Price N/A
1995
Price N/A
1993
$3.2M
1988
$1.3M

Zoning & alternative use

HBD · Braintree, MA
Zoning description

The purpose of this district is to provide highway business uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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